# Dubai Q3 home sales value down 47% to Dh72.6bn

Second Order · 7 October 2026, 17:51 UAE time

<https://secondorderuae.com/brief/2026-10-07/>

Written and checked by AI from the linked sources. Published by Oleksii Zaitsev. Non-commercial project. No ads.

## 1. Dubai home sales totalled Dh72.6 billion in Q3 2026, down 47% on a year earlier, and transactions fell 38% to 34,000, according to Cavendish Maxwell.

Property & Rent

**What it means:** Over nine months, deals fell 23% to 112,580 and value 27% to Dh292 billion; S&P Global Ratings, citing industry reports, puts the price fall since end-2025 at 5% to 15%.

Source: [The National](https://www.thenationalnews.com/business/property/2026/10/07/dubai-home-sale-transactions-fall-in-third-quarter-due-to-regional-uncertainty)

<https://secondorderuae.com/brief/2026-10-07/#item-1>

## 2. A Dubai Municipality circular lists more than 44 areas where buildings and villas may offer shared housing; on Sheikh Zayed, Jumeirah, Al Wasl and Bani Yas roads only family sharing is allowed.

Property & Rent

**What it means:** Owners and leasing firms have one year from 8 September to regularise buildings; bedrooms need at least 5 square metres per person; fines run from Dh500 to Dh500,000.

**What to do:** Renting or letting a shared unit? Check the area is on the Dubai Municipality circular's list.

Source: [Khaleej Times](https://www.khaleejtimes.com/uae/dubai-to-permit-buildings-villas-to-offer-shared-accommodation-in-more-than-44-areas)

<https://secondorderuae.com/brief/2026-10-07/#item-2>

## 3. The tanker On Peace, owned by Dubai-based Onex, was struck by a projectile in the Strait of Hormuz on 6 October; 12 of its 19 crew were injured and evacuated by Oman to Khasab.

Shipping & Supply

**What it means:** Splash247 counts 93 ships hit and 24 seafarers killed since the US-Iran war began in late February.

Source: [Splash247](https://splash247.com/twelve-injured-in-latest-hormuz-attack)

<https://secondorderuae.com/brief/2026-10-07/#item-3>